2025-11-03T14:16:48-06:00 2024-12-31 541149263 YOUNT HYDE & BARBOUR PC 10451 MILL RUN CIRCLE SUITE 800 OWINGS MILLS MD 21117 990 2024-01-01 520853115 HAR-CO CREDIT UNION HAR- 4108389090 30 N HICKORY AVENUE BEL AIR MD 21014 MATTHEW D WHITE EVP/CFO 4108389090 2025-10-29 1 1 JOSEPH A MUSUMECI JR P00841270 4104159797 2025-10-29 2024 2025-03-06 01:10:19Z MATTHEW D WHITE 30 N HICKORY AVENUE BEL AIR MD 21014 13335704 0 X WWW.HARCOCU.ORG X 1955 MD STATE CHARTERED CREDIT UNION 8 8 77 0 571 0 0 0 10102031 11549596 1783766 1786108 0 0 11885797 13335704 0 0 0 0 4653913 5272440 0 0 0 5011968 6369085 9665881 11641525 2219916 1694179 247700606 260541605 3081922 2575714 244618684 257965891 TO PROVIDE A SOUND FINANCIAL INSTITUTION WITH EXCELLENT MEMBER SERVICE FOR OUR CREDIT UNION FAMILY. WE MAKE OUR MEMBERSHIP OUR FIRST CONSIDERATION IN EVERYTHING WE DO. 0 0 HAR-CO CREDIT UNION PROVIDES FINANCIAL SERVICES TO ITS 13,725 MEMBERS. 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 6702 0 1 77 1 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 1 1 0 1 1 0 1 1 0 1 1 1 0 1 1 1 0 X MATTHEW D WHITE 4108389090 30 N HICKORY AVENUE BEL AIR MD 21014 BLAISE SEDNEY CHAIRMAN 3.00 X 9600 0 0 CHARLES WELLINGTON DIRECTOR 2.00 X 6000 0 0 THORKILD PAABY JR DIRECTOR 2.00 X 6000 0 0 TERESA KNOX DIRECTOR 2.00 X 9300 0 0 DR AUSTIN HILL TREASURER 2.00 X 6000 0 0 LAWRENCE DUKES VICE CHAIRMAN 2.00 X 8400 0 0 STEVEN JOHNSON DIRECTOR 2.00 X 4500 0 0 ERIC REBBERT SECRETARY 2.00 X 7200 0 0 MALIA DIERKEN SVP/CONTROLLER 40.00 X 139856 0 58793 ANGELA GREGORY VP/SR. MORTGAGE OFFICER 40.00 X 161086 0 39101 GILBERT KENNEDY III PRESIDENT/CEO 40.00 X 320831 0 64424 MARK FREYER SVP/CRO AND CCO 40.00 X 170631 0 40312 JOHN SHROADS JR EVP/COO AND CCO 40.00 X 217795 0 48114 SHARON WILSON SVP/CTO 40.00 X 163872 0 30962 MATTHEW WHITE EVP/CFO 40.00 X 180515 0 39226 ALEXANDER COULSON SVP/CMO 40.00 X 173654 0 15629 1585240 0 336561 8 0 1 0 FISERV PO BOX 745148 ATLANTA GA 303745148 SYSTEM AND MOBILE BANKING PROVIDER 244670 MERIDIANLINK PO BOX 846822 LOS ANGELES CA 900846822 ONLINE APPLICATION / MEMBERSHIP SOFTWARE 106271 SHOPEING CENTER MGMT COMPANY INC 1829 REISTERSTOWN ROAD SUITE 440 BALTIMORE MD 21208 GROUND RENT/LEASE 101515 3 INTEREST ON LOANS 522100 10248133 10248133 OTHER SERVICES 525990 777547 777547 SHARE ACCOUNT SERVICES 525990 487702 487702 CREDIT INSURANCE 524298 30839 30839 ATM SERVICES 525990 5375 4804 571 11549596 1786108 1786108 13335704 11549025 571 1786108 1921801 2764091 85358 168578 332612 128000 166738 1438732 56274 506593 68380 2641 2015169 324072 62161 LOAN LOSS PROVISION 720500 LENDING EXPENSES 602817 ATM EXPENSES 127074 OTHER PROFESSIONAL SERV 76035 73899 11641525 5722667 6796353 9853020 25189809 189885 361449 171433895 180687373 612239 593734 8088121 5399839 2875422 2688282 51554095 36497860 5459383 7726745 247700606 260541605 3081922 2575714 3081922 2575714 X 222211571 233864599 0 0 22407113 24101292 244618684 257965891 247700606 260541605 X 1694179 11653028 X X 0 1 X 1 0 519000 519000 6017640 4366291 1651349 1551481 1033548 517933 2688282 13335704 0 13335704 0 13335704 11641525 0 11641525 0 11641525 1 X X X X 0 0 0 GILBERT KENNEDY III PRESIDENT/CEO 320831 0 0 0 0 0 45151 0 19273 0 385255 0 0 0 JOHN SHROADS JR EVP/COO AND CCO 217795 0 0 0 0 0 33702 0 14412 0 265909 0 0 0 MATTHEW WHITE EVP/CFO 180515 0 0 0 0 0 26190 0 13036 0 219741 0 0 0 MARK FREYER SVP/CRO AND CCO 170631 0 0 0 0 0 27774 0 12538 0 210943 0 0 0 ANGELA GREGORY VP/SR. MORTGAGE OFFICER 161086 0 0 0 0 0 25825 0 13276 0 200187 0 0 0 MALIA DIERKEN SVP/CONTROLLER 139856 0 0 0 0 0 46094 0 12699 0 198649 0 0 0 SHARON WILSON SVP/CTO 163872 0 0 0 0 0 19030 0 11932 0 194834 0 0 0 ALEXANDER COULSON SVP/CMO 173654 0 0 0 0 0 8683 0 6946 0 189283 0 0 0 CHARLES WELLINGTON DIRECTOR CREDIT CARD X 69202 1879 0 1 1 TERESA KNOX DIRECTOR CREDIT CARD AND MORTGAGE X 288000 161477 0 1 1 BLAISE SEDNEY CHAIRMAN CREDIT CARD X 64050 337 0 1 1 GILBERT F KENNEDY III PRESIDENT AND CEO CREDIT CARD X 2000 392 0 1 1 AUSTIN HILL BOARD TREASURER CREDIT CARD X 9096 0 0 1 1 LAWRENCE DUKES VICE CHARIMAN VEHICLE LOAN X 60000 57737 0 1 1 THORKILD PAABY BOARD MEMBER MORTGAGE X 140000 139627 0 1 1 361449 FORM 990, PART VI, SECTION A, LINE 6 THE CREDIT UNION HAS 13,725 MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A CREDIT UNION MEMBERS ELECT THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE PRESIDENT AND CFO WILL REVIEW FORM 990 FOR ACCURACY. THE BOARD CHAIRMAN REVIEWS THE FINAL FORM 990 ON BEHALF OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C THE CREDIT UNION REGULARLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. THE BOARD OF DIRECTORS AND THE SUPERVISORY COMMITTEE MEMBERS ARE REQUIRED TO SIGN ACKNOWLEDGEMENT FORMS ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 AN ONLINE EVALUATION OF THE PRESIDENT/CEO IS COMPLETED AND SUBMITTED THE THE BOARD OF DIRECTORS CHAIRMAN. EACH BOARD MEMBER ALSO COMPLETES AN EVALUATION, AND THEY ARE COMPILED. THE BOARD OF DIRECTORS THEN DECIDES THE SALARY OF THE PRESIDENT/CEO. THE PRESIDENT/CEO DETERMINES OTHER OFFICERS' COMPENSATION ANNUALLY AFTER AN ONLINE EVALUATION IS COMPLETED AND BASED UPON BOARD APPROVED BUDGET/GUIDELINES. FORM 990, PART VI, SECTION C, LINE 19 THE QUARTERLY FINANCIAL STATEMENTS ARE POSTED IN THE LOBBY OF ALL CREDIT UNION LOCATIONS. ANY CREDIT UNION VOLUNTEER OR STAFF MEMBER CAN ARRANGE FOR A MEMBER TO EXAMINE THE BY-LAWS OR BOARD MEETING MINUTES. FORM 990, PART XI, LINE 9: NET INCREASE IN MEMBERS' SHARE ACCOUNTS 11,653,028. FORM 990, PART XII, LINE 2C: THE SUPERVISORY COMMITTEE IS RESPONSIBLE FOR OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENTS AND SELECTION OF THE INDEPENDENT ACCOUNTANTS.